492-494 Wilson Street Manchester, NH 03103
Massive, fully-occupied 5-unit multifamily property on Manchester’s East Side consisting of one 4-bedroom unit, three 3-bedroom units, and one 1-bedroom unit. This property has been significantly improved by the current owner and features new vinyl plank flooring, wooden cabinets, fresh paint throughout, and new bathroom vanities with fixtures. Rents are terrific at $10, 330/month or ~$123K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. The property’s ~$86K/year in NOI makes this listing a 9.0% cap. There is ample street parking available in the immediate vicinity. Washer/dryer hookups are in each unit. The property’s certificate of compliance (COC) is active and is in the process of being renewed. Owner is a real estate licensee. Delayed Showings will take place on Friday, September 20th and Saturday, September 21st.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyN/A
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusActive
- MLS ID Number5014194
- Home Size Source Public Records
- Year Built1883
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 492-494 Wilson Street Manchester, NH 03103
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General Features
- Style Apartment Building
- Construction OtherVinyl Siding
- Sewer Public Sewer
- Basement Dirt
- Number of Stories 2.5
- Acreage 0.06
- Water Public
- Attached Garage No
- Zoning RES 4-8UNIT MDL-03
Interior Features
- Cooling None
- Heating Gas - NaturalBaseboard
Exterior Features
- Roof MembraneRolled/ Hot Mop
- Lot City Lot
Community Features
- MLS Area NH-Hillsborough